We sold our Magic To buy back StoreCredit And burned 900,000 of them. We transfered new tokens. To create the next two sell orders. 200K got stuck. there is an error shown at our deposit and withdrawel history. We contacted Mintme. We'll see. If they are truely gone, we'll consider them burned...
We sold our Magic To buy back StoreCredit And burned 900,000 of them. We transfered new tokens. To create the next two sell orders. 200K got stuck. there is an error shown at our deposit and withdrawel history. We contacted Mintme. We'll see. If they are truely gone, we'll consider them burned...
Today we filled the 0.055 sell order with an other 300K making it the full 600K for that price. We immediately placed the full next sell order. 500K at 0.089 MintMe. Updated the buy order and bought back some coins
We sold over 7.1M StoreCredit, we burned 4.6M of them and about 2.5M are out there. 200 are in our burn wallet. --------- Our system: We use fibonacci to determin the price. And drop the amount a 100K (later 10K) every step. The profit we make with our sell orders we use to make a corresponding buy order the left over we send to our burn account. Once the burn account hits the full ammount of tokens we burn them and take the corresponding buy order offline. Only than we make a tiny bit of profit wich we'll keep. Our buy back price will never be lower. Price slowly goes up and StoreCredit becomes more scares. Win - Win !! And we garantee that there will be buy orders for all StoreCredit coins out there... When you sell your coins back to us, we'll put the coins back up for sale at the lowest price using the same sequence. Lets hope MintMe goes up StoreCredit becomes even more valuable.
